5.0 - Attachment D (Section 3 Explanation).docx

DOCX document 33 KB Posted

Attached to
Property Management Services State and local contract opportunity
Solicitation number
P25001
Issued by
Adams County, Colorado

About this file

This document is a Request for Proposals (RFP) No. P25001 from Maiker Housing Partners in Colorado, specifically addressing Section 3 Business Preference requirements for Property Management Services. The RFP indicates a significant regulatory change by the U.S. Department of Housing and Urban Development (HUD), which has discontinued previous Section 3 requirements and implemented new regulations under multiple CFR sections effective early 2024.

The new HUD regulations specifically exempt professional services firms from implementing Section 3 programs when submitting proposals for housing agency services. For this particular RFP, Maiker Housing Partners is seeking qualified property management companies to manage onsite operations, including day-to-day operations, maintenance, financial reporting, and other management tasks. The document emphasizes that the agency will proactively communicate any future changes to these regulatory requirements, ensuring transparency for potential proposers.

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Other files for this state and local contract opportunity

Other files attached to Property Management Services, newest first.
File Type Posted
3.0 - Attachment B (HUD-5369-C) (38).pdf PDF
6.0 - Attachment E (HUD-5369-B) (34).pdf PDF
8.2 - Attachment G-2 (HUD-50071).pdf PDF
8.3 - Attachment G-3 (SF-LLL).pdf PDF
7.0 - Attachment F (SIPC).docx DOCX document
8.1 - Attachment G-1 (HUD-5370-C1).pdf PDF
2.0 - Attachment A (Form of Proposal).docx DOCX document
4.0 - Attachment C (Profile of Firm Form).docx DOCX document
1.0 - Property Management Services (RFP Document).docx DOCX document

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Text version

REQUEST FOR PROPOSALS (RFP) No. P25001, Property Management Services Section 3 Business Preference Explanation (RFP Attachment D)

Be aware that the Agency previously conducted RFP’s that required proposers and contractors to comply with the requirements of 24 CFR §135, Economic Opportunities for Low- and Very Low-Income Persons (a.k.a., Section 3).

However, early 2024 the U.S. Department of Housing and Urban Development (HUD) discontinued these former requirements and implemented the requirements of 24 CFR §5, 14, 75, 91, 92, 93, 135, 266, 570, 574, 576, 578, 905, 964, 983,and 1000, entitled Enhancing and Streamlining the implementation of Section 3 Requirements for Creating Economic Opportunities for Low- and Very Low-Income Persons and Eligible Businesses.

Accordingly, these new Section 3 regulations do not require firms proposing to provide “professional services” to a housing agency to implement any programs pertaining to Section 3 when the firm submits a proposal to provide the ensuing services. The Agency will advise all firms if these requirements change.

MAIKER HOUSING PARTNERS, CO

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